On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, October 9, 2013. Illinois residents going through a divorce know that there is often bitterness between the parties when a marriage is breaking up. This can be especially true if the decision to file for the divorce is the result of the infidelity of one of the spouses.
Category: Divorce
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, October 4, 2013. A relatively new financial planning tool known as a reverse mortgage has recently increased in popularity in Illinois and elsewhere. This type of loan may benefit an older homeowner that is going through a divorce. A reverse mortgage allows individuals who are 62 or
On behalf of The Walters Law Group, Ltd. posted in Child Custody on Tuesday, October 1, 2013. Illinois residents might be confused about how divorce affects financial aid. Some parents might not know which parent should file the Free Application for Financial Aid, which is required for their children to get federal financial aid. The rules for seeking financial
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, September 27, 2013. The Affordable Care Act may make it easier for couples in Illinois to decide whether to stay in their marriage or get divorced. Health insurance is often a major factor for adults over 50 years of age. The 115,000 women who lose their
On behalf of The Walters Law Group, Ltd. posted in Divorce on Tuesday, September 24, 2013. Divorced parents living in Chicago often discover that one of the most difficult aspects of managing their post-divorce life is finding successful ways to co-parent their children. While parenting can be a challenging endeavor under even the best of circumstances, parenting after a divorce requires
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, September 20, 2013. Is there ever a good time to sell major stocks? Individuals who are in the midst of an expensive divorce may want to consider doing so as did the CEO of Best Buy who sold over $10 million of his company’s stock to pay for
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, September 6, 2013. Illinois residents weighing the prospect of divorce might harbor reservations about doing so because of fears that they have about what will happen after the process is over with. This is especially true for the spouse who is considered the “out spouse,” or
On behalf of The Walters Law Group, Ltd. posted in Divorce on Monday, August 19, 2013. People who attempt to save money by getting a divorce without a lawyer may be in for a rude awakening. Once a person files for a divorce pro se, the judge is unable to provide legal advice regarding the divorce. Additionally, Chicago spouses may
On behalf of The Walters Law Group, Ltd. posted in Divorce on Monday, August 12, 2013. Prenuptial agreements are an important part of the proceedings when there is a high asset divorce. Illinois residents who are preparing for marriage or divorce may be interested to know some things to look out for when preparing a prenuptial or postnuptial agreement
On behalf of The Walters Law Group, Ltd. posted in Family Law on Thursday, August 8, 2013. Alimony in Illinois is a legal obligation to support a spouse financially at regular intervals before or after marital separation or divorce. Such support can be important to divorced individuals who were not employed during their marriages and have limited prospects for
